GBP/JPY – 1H – SELLThe currency pair goes from the ascending trendline down.
A bearish descent down to the next support at 194.61900 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 195.49300 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 195.96900 |
| 2nd High | 195.61100 |
| Next High | 195.49300 |
| Current Price | 194.83100 |
| Next Low | 194.61900 |
| 2nd Low | 193.56500 |
| 3rd Low | 192.87700 |